Narre Warren at a glance
28,665
People
$796,500
Median sale
$568/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren › Wauchope Ave
$700,000–$770,000
For sale
Asking range
$700,000
Last sold
17 Aug 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
731 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$700,000–$770,000
Asking range · $958/m² of land
Last recorded sale $700,000 (17 Aug 2022).
Local land rate: recorded House sales in Narre Warren (last 5 years) with land size have a median of $1,193/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Narre Warren at a glance
28,665
People
$796,500
Median sale
$568/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren
-12.1%
Median sale
Suburb $796,500
+0.51 pp
Gross yield
Suburb 3.71%
Suburb median $796,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$42,512 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Narre Warren's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 2
GRZ2
Jurisdiction
Casey
Casey, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 727 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 727 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 727 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Narre Warren at a glance
28,665
People
$796,500
Median sale
$568/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sultani Real EstateSultani Real Estate proudly presents 15 Wauchope Avenue, located in the heart of Narre Warren, this home truly has everything you need.
The perfectly proportioned layout is ideal for a quality family lifestyle, featuring 3 spacious bedrooms with the master boasting WIR and full ensuite, 2 separate living areas, with plenty of sunlight and kitchen with stainless steel and quality appliances. Keep comfortable all year round with new evaporative cooling and Hydronic heating installed. Plus impresses with huge balconies for you to enjoy the beautiful views and the sunshine.
Located in a short walking distance to local primary and Secondary schools and Westfield Fountain Gate Shopping Centre, Monash Freeway, Bunjil Place, and Narre Warren Train Station, this property will be highly sought-after.
Main Features of the property:
- 3 Bedrooms
- 2 Separate Living Areas
- 2 Bathrooms
- Kitchen with Stainless Steel and Quality Appliances
- Double lockup Garage
- huge balconies
- Swimming pool
- Low Maintenance Gardens
- Heating: yes
- Cooling: Yes
- Dishwasher: Yes
Chattels: All fittings and fixtures as inspected.
Deposit terms: 10% of the purchase price.
Preferred Settlement: 30/60/90 days.
Amazing location, right in the middle of all amenities:
- Don Bosco Catholic Primary School
- Berwick Lodge Primary School
- Fleetwood Primary School
- Timbarra P-9 College
- Fountain Gate Secondary College
- Narre Warren Train Station
- Berwick Train Station
- Fountain Gate Shopping Centre
- Easy access to Fountain Gate shopping Centre
- Easy access to Cranbourne- Narre Warren Rd
- Easy access to M1
Call Sultani Sales Team for the best home in the prime location of City of Casey Narre Warren
Habib Sultani 0469 292 711
Hassan Ashrafi 0470 550 541
PHOTO ID REQUIRED AT OPEN HOMES.
Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such actions as is necessary, to satisfy themselves of any pertinent matter.
Listing description written by Habib Sultani, Sultani Real Estate — reproduced as published, not verified by Districts.
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